7228 Mercer Island, Cook, MN 55723

$1,900,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,860 Lot Size (sq. ft.): 304,920 Status: Active
Current Price: $1,900,000 List Date: 11/04/2025 Last Modified: 5/22/2026

Overview

Description

Escape to your very own private & exceptional 7+ acre island nestled in the heart of Lake Vermilion's Frazer Bay. This exclusive property boasts a wealth of features that promise a truly extraordinary lakeside experience. Embrace the distinctive architectural charm of three stunning "Baker" Dome cabins, each offering a unique and cozy living space. Accommodate family & friends with ease in a spacious 1 BR guest cabin (with kitchen), plus a charming 1 BR bunkhouse, wet boathouse, & original icehouse! All buildings have new roofs! Hike along the picturesque walking trail with boardwalks, that encircles the island, providing enchanting views & moments of serenity plus a natural sand beach! Convenience is key, & this property offers a rare mainland access including another boathouse! This property promises a lifetime of cherished memories. First time on the market!

Listing Details MLS# 6813812

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
Yes
New Development
No
Other Parking Spaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
2880
Waterfront Present
Yes
Year Built
1981
Yearly/Seasonal
Seasonal
Zoning
Shoreline, Residential-Single Family
Bath Three Quarters
Yes
Main Floor Total SqFt
1478
Above Grd Total SqFt
1860
Total SqFt
1860
Total Finished Sqft
1860.00
Lake/Waterfront Name
Vermilion
Style
(SF) Single Family
Foundation Size
1478
Lot Dimensions
486x1080
Acres
7
Assessment Pending
Yes
# Carport Spaces
0
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Appliances: Dishwasher; Microwave; Range; Refrigerator; Washer Basement: None Bath Description: Main Floor 3/4 Bath; Upper Level 3/4 Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Separate/Formal Dining Room Exterior: Wood; Other Family Room Characteristics: Main Level Foundation: None Fuel: Electric Heating: Baseboard Lake Details: Gravel; Rocky; Sand; Soft; Undeveloped Lot Description: Accessible Shoreline; Island/Peninsula Parking Characteristics: Other Property Subtype: Acreage; Cabin Road Frontage: None Roof: Asphalt Shingles; Rubber Sellers Terms: Cash; Conventional Sewer: Private Sewer Special Search: Main Floor Bedroom; Main Floor Laundry Stories: One and One Half Water: Private Waterfront View: Bay; Lake; Panoramic

Contract Information

Contingency
None
Original List Price
1900000
ListPrice
1900000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7228
Street Name
Mercer
Street Suffix
Island
Postal City
Cook
County
St. Louis
State
MN
Zip Code
55723

Additional Parcels Information

Property ID #2
387043036550

Assessments

Assessment Balance
110
Assessment Installment
110
Tax With Assessments
6360

More Information

Basement

Foundation Dimensions
39x58
None
Yes

Building Information

Finished SqFt Above Ground
1860

Lake Details

Lake Acres
39272
Lake Depth
76
Gravel
Yes
Rocky
Yes
Sand
Yes
Soft
Yes
Undeveloped
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
17
Section#
12
Township#
62

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Fire Number
7228
Legal Description
Lengthy - see Document Section
Listing City
Cook
Map Page
999
Municipality
Cook
School District
St. Louis County
School District Phone
218-749-8130
DNR Lake ID#
69037800
DNR Lake Classification
General Development
Property ID Number
387003101520
Tax Year
2025
Tax Amount
6250
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Escape to your very own private & exceptional 7+ acre island nestled in the heart of Lake Vermilion's Frazer Bay. This exclusive property boasts a wealth of features that promise a truly extraordinary lakeside experience. Embrace the distinctive architectural charm of three stunning "Baker" Dome cabins, each offering a unique and cozy living space. Accommodate family & friends with ease in a spacious 1 BR guest cabin (with kitchen), plus a charming 1 BR bunkhouse, wet boathouse, & original icehouse! All buildings have new roofs! Hike along the picturesque walking trail with boardwalks, that encircles the island, providing enchanting views & moments of serenity plus a natural sand beach! Convenience is key, & this property offers a rare mainland access including another boathouse! This property promises a lifetime of cherished memories. First time on the market!
Directions
Via boat from Frazer Bay Public Land, Shamrock Marina or the private access land across from Mercer Island.

Accessible

None
Yes

Air Conditioning

Wall Unit(s)
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Upper Level 3/4 Bath
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Separate/Formal Dining Room
Yes

Exterior

Wood
Yes
Other
Yes

Family Room Characteristics

Main Level
Yes

Foundation

None
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Lot Description

Accessible Shoreline
Yes
Island/Peninsula
Yes

Parking Characteristics

Garage Dimensions
No
Garage Stall ID#
No
Other
Yes

Patio, Porch and Deck Features

Deck
Yes

Property Subtype

Acreage
Yes
Cabin
Yes

Road Frontage

None
Yes

Roof

Asphalt Shingles
Yes
Rubber
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Private Sewer
Yes

Special Search

Main Floor Bedroom
Yes
Main Floor Laundry
Yes

Stories

One and One Half
Yes

Water

Private
Yes

Waterfront View

Bay
Yes
Lake
Yes
Panoramic
Yes

Room Information

Room Name Dimensions Level
Great Room 16x27 Main
Dining Room 10x14 Main
Family Room 24x24 Main
Bathroom 9x6 Upper
Three Season Porch 29x12 Main
First (1st) Bedroom 14x14 Upper
Den 12x16 Upper
IDX
Listing Office: Vermilion Land Office, Inc.
Last Updated: May - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.